January 28, 2020 19 pips GET in NZDJPY

Hello♪(´ε｀ )

In 2020 as well, I am Exy-2’s doctor who leads a lazy life outside of FX lol

Recently, many currency pairs have been in a downward trend, so I’m happily hosting a pullback-and-sell festival!!!

So, today as well I traded by selling on the pullback.

I looked at various currency pairs and chose NZDJPY simply because the trend was clean.

It’s easier to make a profit by trading something easy to read rather than challenging oneself with a pair whose movement is complex and hard to read.

During the day, after a slight decline it started to rise, so I waited for a pullback, and when pressure hit the chart again I simply traded short.

Then, as evening came, the market situation gradually changed.

Up until now there were many bullish candles and a small uptrend, but then bearish candles started to appear, signs of a trend reversal showed, and this change kept increasing selling pressure without stopping.

I entered by referring to the displayed MA and chart space, and my unrealized profits increased quickly, and I secured profits at about 20 pips, faster than expected.

The reason is that, from a博士 perspective, the market is based on waves, so if the downward momentum is too fast, a rebound begins quickly and the trend may reverse, so I took profit this time!

Today's trade was like this♪(´ε｀ )

I’ll do my best again tomorrow!